{"id":46101,"date":"2015-01-23T08:58:10","date_gmt":"2015-01-23T13:58:10","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=46101"},"modified":"2015-01-23T09:02:09","modified_gmt":"2015-01-23T14:02:09","slug":"hedge-fund-people-norm-champ-to-leave-sec","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2015\/hedge-fund-people-norm-champ-to-leave-sec.html","title":{"rendered":"Hedge Fund People: Norm Champ To Leave SEC"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/SEC-Headquarters-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright  wp-image-44073\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/SEC-Headquarters-1.jpg\" alt=\"SEC-Headquarters (1)\" width=\"300\" height=\"193\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/SEC-Headquarters-1.jpg 526w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2014\/09\/SEC-Headquarters-1-300x192.jpg 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.Net) &#8211; The SEC director that oversaw the adoption of the Volcker Rule, will be leaving the commission after a 5 year run, the SEC announced.<\/p>\n<p>Norm Champ, Director of the Division of Investment Management,\u00a0played a key role in the SEC\u2019s completion of landmark reforms in 2014 to strengthen the $3 trillion money market fund industry. The SEC said in a news release, \u00a0He also led numerous structural and policy changes at the agency and oversaw the Division of Investment Management during one of its busiest periods, receiving the Chair\u2019s Award for Labor-Management Relations in both 2011 and 2014. \u00a0Champ also received the Chair\u2019s Award for Law and Policy in those years, and the Chair\u2019s Analytical Methods Award in 2013 for his work on policy issues.<\/p>\n<p>\u201cThe Commission has benefited greatly from Norm\u2019s expertise and sound judgment and we have been very fortunate to have had him work on behalf of U.S. investors and our markets,\u201d said SEC Chair Mary Jo White.\u00a0 \u201cHis efforts on important rulemakings and the organizational changes he has put in place will leave a lasting mark on the Commission.\u201d<\/p>\n<p>The Volcker rule focuses on the provisions governing \u201ccovered funds\u201d sponsored by banking entities, including working with staff of the Federal Reserve Board, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, and Office of the Comptroller of the Currency.<\/p>\n<p>Alex Akesson <br \/>Editor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!ol<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.Net) &#8211; The SEC director that oversaw the adoption of the Volcker Rule, will be leaving the commission after a 5 year run, the SEC announced. Norm Champ, Director of the Division of Investment Management,\u00a0played a key role [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,3],"tags":[],"class_list":["post-46101","post","type-post","status-publish","format-standard","hentry","category-hedge-fund-regulation","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=46101"}],"version-history":[{"count":5,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46101\/revisions"}],"predecessor-version":[{"id":46108,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/46101\/revisions\/46108"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=46101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=46101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=46101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}